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Stock markets drop due to Trump’s Greenland tensions.

20 January 2026
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Stock markets drop due to Trump’s Greenland tensions.
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Wall Street experienced its worst day since October as President Trump intensified threats to acquire Greenland, causing stock markets to plummet worldwide. Trump’s insistence on buying the territory from Denmark led to sharp declines in the S&P 500, Nasdaq, and Dow Jones, while the US dollar weakened against major currencies. European stocks also fell, with gold prices surging to a record high. The situation has strained US-European relations, prompting fears for NATO’s future and potential trade restrictions by the EU.

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Tags: Business and EconomyDonald TrumpdropdueFinancial marketsGreenlandMarketsNewsstocktensionsTrumpsUnited StatesUS & Canada
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